Latest news with #TroilusGold
Yahoo
12-07-2025
- Business
- Yahoo
Troilus Gold signs offtake terms with Boliden for copper-gold concentrate
Troilus Gold has reached indicative commercial offtake terms with Boliden Commercial for the sale of copper-gold concentrate from the Troilus project in Quebec, Canada. The Troilus project, according to the May 2024 feasibility study, is set to produce an average of 135.4 million pounds of copper equivalent annually. This translates to 75,000 wet metric tonnes (WMT) of concentrate that contains payable copper, gold, and silver. The indicative terms of the offtake include concentrate quality specifications, precious metals payabilities, treatment and refining charges, and penalties for deleterious elements. Metallurgical testing and historical data suggest that the concentrate will meet the required standards without penalties. The agreement with Boliden follows a similar agreement with Aurubis, a Germany-based provider of non-ferrous metals, and underscores the project's role in the European critical minerals supply chain. Troilus Gold CEO Justin Reid stated: 'We are proud to welcome one of Europe's most respected mining and smelting companies as an offtake partner, renewing a long-standing relationship that began during Troilus' past-producing years, when Boliden processed some of the site's original concentrate. We are pleased to align with key players in Europe's critical minerals ecosystem and believe these recent offtake agreements reinforce our technical credibility and the high quality of the product we intend to deliver. 'With the recent filing of our environmental and social impact assessment and these offtake milestones, we are advancing across regulatory, technical and commercial fronts toward a construction decision. We look forward to building a long-term partnership with Boliden and are proud to align with organisations that share our values around responsible sourcing and long-term collaboration.' The final binding offtake agreements with Boliden and Aurubis are anticipated to coincide with the completion of a comprehensive $700m debt financing package announced in March 2025. This financial support is being organised by Société Générale, KfW IPEX-Bank, and Export Development Canada, with expected backing from European export credit agencies. Troilus Gold's debt financing efforts are supported by Auramet International and Ocean Partners USA, which are advising on the structuring and negotiation of the offtake strategy. The company is progressing towards a construction decision for the project. "Troilus Gold signs offtake terms with Boliden for copper-gold concentrate" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
Troilus Agrees to Commercial Offtake Terms with Boliden for Copper-Gold Concentrate
MONTREAL, July 10, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. ('Troilus' or the 'Company') (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce that is has agreed to indicative commercial offtake terms with Boliden Commercial AB for the sale of copper-gold concentrate expected to be produced from the Company's Troilus Project in north-central Quebec, Canada. Boliden is a leading global base and precious metals company that operates seven mines and five smelters throughout Sweden, Finland, Norway, Ireland and Portugal. This agreement marks the second offtake arrangement for Troilus, following the recently announced agreement with Aurubis AG (see June 18, 2025, press release). Together, these partnerships further validate the quality of Troilus' anticipated concentrate and highlight the Project's strategic importance within the European critical minerals supply chain. As outlined in the Company's May 2024 Feasibility Study (see May 14, 2024 press release), the Troilus Project is expected to produce an annual average of approximately 135.4 million pounds of copper equivalent, or 75,000 wet metric tonnes (WMT) of concentrate containing payable copper, gold, and silver. Justin Reid, CEO of Troilus Gold, commented, 'We are proud to welcome one of Europe's most respected mining and smelting companies as an offtake partner, renewing a long-standing relationship that began during Troilus' past-producing years, when Boliden processed some of the site's original concentrate. We are pleased to align with key players in Europe's critical minerals ecosystem and believe these recent offtake agreements reinforce our technical credibility and the high quality of the product we intend to deliver. With the recent filing of our Environmental and Social Impact Assessment and these offtake milestones, we are advancing across regulatory, technical, and commercial fronts toward a construction decision. We look forward to building a long-term partnership with Boliden and are proud to align with organizations that share our values around responsible sourcing and long-term collaboration.' The final binding offtake agreements with both Boliden and Aurubis are expected to be executed in connection with the completion of the Project's broader US$700 million debt financing package, announced on March 13, 2025. This financing is being structured by a syndicate of global financial institutions, including Société Générale, KfW IPEX-Bank, and Export Development Canada ('EDC'), and is expected to include support from various European export credit agencies including Finnvera plc, the official Export Credit Agency of Finland, and from EKN, the Swedish Export Credit Agency, tied to equipment procurement and long-term offtake agreements. The indicative offtake terms include expected specifications for concentrate quality, payabilities on precious metals, treatment and refining charges, and penalties for deleterious elements. Metallurgical testwork conducted to date, along with historical data from the prior operation, indicates that no penalties are anticipated outside the thresholds outlined in the agreement. Auramet International Inc. remains engaged in the ongoing structuring of the debt package and lender engagement, and Ocean Partners USA Inc. continues to act as Troilus' independent third-party advisor on the development and negotiation of its concentrate offtake strategy. The Company remains focused on advancing all aspects of the Project toward a construction decision and will provide further updates as progress continues. *The completed NI 43-101 technical report associated with the Troilus Project Feasibility Study can be found on SEDAR+ at under the Company's issuer profile or on the Company's website at About Troilus Gold Corp. Troilus Gold Corp. is a Canadian development-stage mining company focused on the systematic advancement of the former gold and copper Troilus Mine towards production. Troilus is located in the tier-one mining jurisdiction of Quebec, Canada, where it holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt. A Feasibility Study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation, positioning it as a cornerstone project in North America. For more information: Caroline ArsenaultVP Corporate Communications+1 (647) 276-0050info@ press release contains 'forward-looking statements' within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the impact of the potential offtake on the Company and the likelihood that the Company will be able to negotiate a definitive offtake agreement on the terms and timeline indicated or at all, the likelihood that binding funding commitments will follow on the timeline projected or at all, the likelihood that ECAs will provide financing and guarantees, advancing towards a fully funded construction package, the expected capacity of the Troilus Gold-Copper Project development plans to advance the Troilus project towards construction, the impact of due diligence on structuring a definitive project debt package, the likelihood of structuring a definitive project debt package with financial close on stated timeline or at all, structuring, identifying, and engaging potential financing participants, development plans, opportunity to expand the scale of the project, the project becoming a cornerstone mining project in Noth America; the development potential and timetable of the project. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'continue', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'will', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking statements are made based upon certain assumptions and other important facts that, if untrue, could cause the actual results, performances or achievements of Troilus to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Troilus will operate in the future. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, currency fluctuations, the global economic climate, dilution, share price volatility and competition. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Troilus to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: there being no assurance that the exploration program or programs of the Company will result in expanded mineral resources; risks and uncertainties inherent to mineral resource and reserve estimates; the high degree of uncertainties inherent to feasibility studies and other mining and economic studies which are based to a significant extent on various assumptions; variations in gold prices and other metals, exchange rate fluctuations; variations in cost of supplies and labour; receipt of necessary approvals; availability of financing for project development; uncertainties and risks with respect to developing mining projects; general business, economic, competitive, political and social uncertainties; future gold and other metal prices; accidents, labour disputes and shortages; environmental and other risks of the mining industry, including without limitation, risks and uncertainties discussed in the Company's latest Annual Information Form, its technical reports and other continuous disclosure documents of the Company available under the Company's profile at Although Troilus has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Troilus does not undertake to update any forward-looking statements, except in accordance with applicable securities in to access your portfolio
Globe and Mail
09-07-2025
- Business
- Globe and Mail
Troilus Appoints Mining Executive Rob Doyle as Strategic Advisor Ahead of Construction Phase
MONTREAL, July 09, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. ('Troilus' or the 'Company') (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce the appointment of Mr. Rob Doyle as Strategic Advisor to the CEO and Chairman, effective August 1, 2025. A highly respected executive in the global mining sector, Mr. Doyle will provide strategic, financial and operational guidance as the copper-gold Troilus Project advances toward construction and long-term production. Mr. Doyle brings more than 25 years of experience in international mining finance, corporate strategy and project development. He is best known as an executive and long-time Chief Financial Officer of Pan American Silver Corp., where over an 18-year tenure he helped grow the company from inception to a multi-billion-dollar producer, building multiple mines and leading numerous large-scale M&A transactions. Most recently, he served as CFO of SilverCrest Metals Inc., acquired by Coeur Mining in a $1.7 billion transaction earlier this year. Earlier in his career, he was the Senior Vice President of Mining Finance and Metals Marketing for Standard Bank, where he structured financing and advisory transactions for mining companies across the Americas. In his advisory role, Mr. Doyle will work closely with the Company's executive and finance teams to help ensure operational readiness, robust internal controls, and disciplined financial strategy as Troilus transitions into its next phase of growth. His mandate includes strategic support on financial governance, project financing, risk management, and systems optimization - all with the goal of ensuring the Company is well-positioned for construction and beyond. Justin Reid, CEO of Troilus, commented, 'Rob's experience speaks for itself - he has been at the helm of some of the most successful mine builds and financings in our industry and his perspective will be invaluable as we finalize our development plans and prepare to execute. Having Rob on board strengthens our internal capacity and sharpens our focus as we aim to build one of the next major Canadian copper-gold producers. We're thrilled to have him join our team at this pivotal time.' Mr. Doyle currently serves as a board member and Audit Chair of several TSX and NYSE-listed mining companies, and was named BC CFO of the Year (Large Public Company) by Business in Vancouver in 2019. He holds a in Finance from the University of Cape Town, is a Chartered Accountant (SA), CFA charterholder, and holds the ICD.D designation from the Institute of Corporate Directors. Troilus is advancing one of Canada's largest undeveloped gold-copper projects in Quebec. With a Feasibility Study completed in 2024 and the Environmental and Social Impact Assessment submitted last month, the Company is targeting a construction decision in 2026. Key project financing milestones are advancing in parallel, including an indicative offtake agreement with leading European smelter, Aurubis, as part of a structured project financing process led by a syndicate of international financial institutions (see press releases from March 13, 2025, June 18, 2025). About Troilus Gold Corp. Troilus Gold Corp. is a Canadian development-stage mining company focused on the systematic advancement of the former gold and copper Troilus Mine towards production. Troilus is located in the tier-one mining jurisdiction of Quebec, Canada, where it holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt. A Feasibility Study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation, positioning it as a cornerstone project in North America. For more information: Caroline Arsenault VP Corporate Communications +1 (647) 276-0050 info@ Cautionary Note Regarding Forward-Looking Statements and Information This press release contains 'forward-looking statements' within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the impact of the appointment on the Company, the likelihood that the Company will be able to negotiate a definitive offtake agreement on the terms and timeline indicated or at all, the likelihood that binding funding commitments will follow on the timeline projected or at all, the likelihood that ECAs will provide financing and guarantees, advancing towards a fully funded construction package, the expected capacity of the Troilus Gold-Copper Project development plans to advance the Troilus project towards construction, the impact of due diligence on structuring a definitive project debt package, the likelihood of structuring a definitive project debt package with financial close on stated timeline or at all, structuring, identifying, and engaging potential financing participants, development plans, opportunity to expand the scale of the project, the project becoming a cornerstone mining project in Noth America; the development potential and timetable of the project. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'continue', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'will', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking statements are made based upon certain assumptions and other important facts that, if untrue, could cause the actual results, performances or achievements of Troilus to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Troilus will operate in the future. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, currency fluctuations, the global economic climate, dilution, share price volatility and competition. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Troilus to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: there being no assurance that the exploration program or programs of the Company will result in expanded mineral resources; risks and uncertainties inherent to mineral resource and reserve estimates; the high degree of uncertainties inherent to feasibility studies and other mining and economic studies which are based to a significant extent on various assumptions; variations in gold prices and other metals, exchange rate fluctuations; variations in cost of supplies and labour; receipt of necessary approvals; availability of financing for project development; uncertainties and risks with respect to developing mining projects; general business, economic, competitive, political and social uncertainties; future gold and other metal prices; accidents, labour disputes and shortages; environmental and other risks of the mining industry, including without limitation, risks and uncertainties discussed in the Company's latest Annual Information Form, its technical reports and other continuous disclosure documents of the Company available under the Company's profile at Although Troilus has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Troilus does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
Globe and Mail
10-06-2025
- Business
- Globe and Mail
With Gold Heading Even Higher, Consider These Five Hot Gold Stocks
Gold prices are edging even higher. For one, the U.S. dollar is still showing signs of weakness. Two, there's still plenty of geopolitical and economic uncertainty, especially with U.S. and China trade talks in London. Three, China's central bank added to its gold reserves in May for the seventh straight month. And, as noted by CNBC, 'The world's central banks are on track to buy 1,000 metric tons of gold in 2025, which would be their fourth year of massive purchases as they diversify reserves from dollar-denominated assets into bullion, consultancy Metals Focus said.' All of which could fuel big upside for stocks such as Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF), Freeport-McMoRan (NYSE: FCX), Centerra Gold (NYSE: CGAU) (TSX: GG), Barrick Gold (NYSE: GOLD) (TSX: ABX) and Newmont Corp. (NYSE: NEM) (TSX: NGT). Plus, Goldman Sachs says gold could rally to $3,700 by the end of 2025, and to $4,000 by the middle of 2026. Even UBS analysts say gold could rally to $3,500 by December. According to analysts at JPMorgan, 'The bank now expects gold prices to reach an average of $3,675/oz by 4Q25, on the way towards above $4,000/oz by 2026, with risks skewed towards an earlier overshoot of these forecasts if demand surpasses its expectations,' as reported by Reuters. Look at Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF), For Example Troilus Gold Corp. has been drawing increased attention this year, both for the advancement of its copper-gold project in Quebec and its strong stock performance, reflecting growing investor confidence in the value of its large-scale asset in a tier-one jurisdiction. Most recently, Troilus provided an update on the progress of basic and detailed engineering at its copper-gold Troilus Project, led by engineering partner BBA Inc. based in Montreal, Quebec. Since being awarded the mandate earlier this year (see January 28, 2025 press release), a dedicated team of approximately 45 full-time engineers and specialists has been advancing key workstreams on schedule as the project moves forward on the path to construction readiness. Highlights of engineering progress to date include: Process Flowsheet Finalized - A comprehensive review of the May 2024 Feasibility Study was completed earlier this year. - Key trade-off studies were conducted, resulting in design improvements to support - scalability, operational robustness, and energy efficiency, with minimal impact to CAPEX. - The optimized main process flowsheet was finalized on schedule, supporting the broader detailed engineering timeline. 12-week Initiation Program Complete - EPCM contract awarded, and engineering team fully mobilized - Contracting matrix completed and procurement strategy launched, with multiple RFPs issued - Finalization of EPCM and owner's team organizational structures Justin Reid, CEO of Troilus, commented 'We've made excellent progress in recent months thanks to the strong collaboration between BBA and our internal project team. Finalizing the flowsheet on schedule marks a major milestone and speaks to the precision and discipline guiding our development approach. BBA's deep familiarity with the site and its track record on world-class projects like Canadian Malartic and Detour Lake, continues to add significant value. We look forward to sharing further technical developments as we advance toward construction readiness.' Other related developments from around the markets include: Freeport-McMoRan just reported first quarter 2025 results. Net incomeattributable to common stock in first-quarter 2025 totaled $352 million, $0.24 per share, and adjusted net income attributable to common stock totaled $358 million, $0.24 per share. Consolidated productiontotaled 868 million pounds of copper, 287 thousand ounces of gold and 23 million pounds of molybdenum in first-quarter 2025. Operating cash flowstotaled $1.1 billion, net of $0.3 billion of working capital and other uses, in first-quarter 2025. Operating cash flows are expected to approximate $7.0 billion, including $0.2 billion of working capital and other sources, for the year 2025, based on achievement of current sales volume and cost estimates, and assuming prices of $4.15 per pound for copper, $3,000 per ounce for gold and $20.00 per pound for molybdenum for the remainder of 2025. Centerra Gold reported its fourth quarter 2024 operating and financial results, and issued 2025 guidance. President and CEO, Paul Tomory, commented, 'In the fourth quarter, we had steady gold and copper production and ended 2024 near the low end of our production guidance range. At Öksüt, we benefited from elevated production in 2024 by processing inventory that was accumulated during the shutdown in 2022 and 2023 to achieve over 200,000 ounces. Since the restart of operations in June 2023, Öksüt generated close to $550 million in cash provided from operations and over $480 million in free cash flow NG. We generated strong free cash flow at both operations in the fourth quarter, driven by robust contributions from Mount Milligan, which increased our cash and cash equivalents to $625 million.' 'Looking ahead to 2025, our production guidance reflects Öksüt returning to normal production levels, as previously planned, after two years of processing excess inventory, which in turn has impacted unit costs. We remain disciplined to protect margins through initiatives at our sites including at Mount Milligan through the site optimization program which will continue in 2025. We forecast continued strong free cash flow generation at our operations in 2025, allowing us to fund the restart of Thompson Creek and continue to return capital to shareholders, while preserving our cash for strategic opportunities.' Barrick Gold announced that it has reached an agreement to sell the 50 percent interest in the Donlin Gold Project in Alaska held by Barrick's subsidiary Barrick Gold U.S. Inc. to affiliates of Paulson Advisers LLC and NOVAGOLD Resources Inc. (NYSE American, TSX:NG) for $1 billion in cash. In addition, Barrick has granted NOVAGOLD an option to purchase the outstanding debt owed to Barrick in connection with the Donlin Gold Project for $90 million if purchased prior to closing, or for $100 million if purchased within 18 months from closing, when the option expires. If that option is not exercised, the debt will remain outstanding, substantially in accordance with its existing terms. Paulson and NOVAGOLD have agreed to acquire 80 percent and 20 percent, respectively, of Barrick's subsidiary's interest in Donlin Gold LLC, the entity that holds the Donlin Gold Project, with each purchaser contributing pro rata to the purchase price and several existing shareholders, including Paulson, backstopping NOVAGOLD's purchase commitment. Newmont Corp. announced first quarter 2025 results and declared a dividend of $0.25 per share. 'Following on from a robust fourth quarter performance, Newmont has delivered 1.5 million attributable gold ounces and generated a record first quarter free cash flow of $1.2 billion, demonstrating the strength of our unrivaled Tier 1 Portfolio,' said Tom Palmer, Newmont's President and Chief Executive Officer. "We also successfully completed our non-core divestiture program, generating up to $4.3 billion in total gross proceeds including over $2.5 billion of after-tax cash proceeds in the first half of 2025. With these significant achievements and a solid start to the year, we remain firmly on track to meet our 2025 guidance, continuing on our journey towards creating the world's leading gold and copper portfolio for the benefit of our shareholders." Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Troilus Gold Corp by Troilus Gold Corp. We own ZERO shares of Troilus Gold click here for disclaimer. Contact:
Yahoo
04-04-2025
- Business
- Yahoo
Troilus Gold Corp.'s (TSE:TLG) largest shareholders are individual investors with 59% ownership, institutions own 23%
Significant control over Troilus Gold by individual investors implies that the general public has more power to influence management and governance-related decisions A total of 25 investors have a majority stake in the company with 40% ownership Insiders have bought recently AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. A look at the shareholders of Troilus Gold Corp. (TSE:TLG) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual investors with 59% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And institutions on the other hand have a 23% ownership in the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Let's delve deeper into each type of owner of Troilus Gold, beginning with the chart below. See our latest analysis for Troilus Gold Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. Troilus Gold already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Troilus Gold's historic earnings and revenue below, but keep in mind there's always more to the story. It looks like hedge funds own 14% of Troilus Gold shares. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Equinox Partners Investment Management LLC is currently the largest shareholder, with 14% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 9.5% and 2.8%, of the shares outstanding, respectively. Additionally, the company's CEO C. Reid directly holds 1.4% of the total shares outstanding. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Shareholders would probably be interested to learn that insiders own shares in Troilus Gold Corp.. It has a market capitalization of just CA$167m, and insiders have CA$6.8m worth of shares, in their own names. It is good to see some investment by insiders, but we usually like to see higher insider holdings. It might be worth checking if those insiders have been buying. The general public, who are usually individual investors, hold a substantial 59% stake in Troilus Gold, suggesting it is a fairly popular stock. This size of ownership gives investors from the general public some collective power. They can and probably do influence decisions on executive compensation, dividend policies and proposed business acquisitions. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. To that end, you should be aware of the 2 warning signs we've spotted with Troilus Gold . But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future . NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
